DBRS Equivalent Chart definition

DBRS Equivalent Chart means: DBRS Xxxxx’x S&P Fitch AAA Aaa AAA AAA AA(high) Aa1 AA+ AA+ AA Aa2 AA AA AA(low) Aa3 AA- AA- A(high) A1 A+ A+ A A2 A A A(low) A3 A- A- BBB (high) Baa1 BBB+ BBB+ BBB Baa2 BBB BBB BBB (low) Xxx0 XXX- XXX XX (xxxx) Xx0 BB+ XX+ XX Xx0 XX XX XX (low) Ba3 BB- BB- B (high) B1 B+ B+ B B2 B B B (low) B3 B- B- CCC(high) Caa1 CCC+ CCC CCC Caa2 CCC CCC(low) Caa3 CCC- CC Ca CC C D C D D
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DBRS Equivalent Chart means: DBRSMoody'sS&PFitchAAAAaaAAAAAAAA(high)Aa1AA+AA+AAAa2AAAAAA(low)Aa3AA-AA-A(high)A1A+A+AA2AAA(low)A3A-A-BBB(high)Baa1BBB+BBB+BBBBaa2BBBBBBBBB(low)Baa3BBB-BBB-BB(high)Ba1BB+BB+BBBa2BBBBBB(low)Ba3BB-BB-B(high)B1B+B+BB2BBB(low)B3B-B-CCC(high)Caa1CCC+
Sample 1
DBRS Equivalent Chart means: DBRS AAA S&P AAA Fitch AAA Moody's Aaa AA(high) AA+ AA+ Aa1 AA AA AA Aa2 AA(low) AA- AA- Aa3 A(high) A+ A+ A1 A A A A2 A(low) X- X- X0 BBB(high) BBB+ BBB+ Baa1 BBB BBB BBB Baa2 BBB(low) BBB- BBB- Baa3 BB(high) BB+ BB+ Ba1 XX XX XX Xx0 XX(xxx) XX- XX- Xx0 X(xxxx) B+ B+ X0 X X X X0 X (low) B- B- B3 CCC(high) CCC+ Caa1 CCC CCC CCC Caa2 CCC(low) CCC- Caa3 CC CC Ca C C D D D D
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More Definitions of DBRS Equivalent Chart

DBRS Equivalent Chart means:Possible effects of Ratings Trigger being breached include the following DBRSMoody'sS&PFitchAAAAaaAAAAAAAA (high)Aa1AA+AA+AAAa2AAAAAA (low)Aa3AA-AA-A (high)A1A+A+AA2AAA (low)A3A-A-BBB (high)Baa1BBB+BBB+BBBBaa2BBBBBBBBB (low)Baa3BBB-BBB-BB (high)Ba1BB+BB+BBBa2BBBBBB (low)Ba3BB-BB-B (high)B1B+B+BB2BBB (low)B3B-B-CCC (high)Caa1CCC+CCCCCCCaa2CCCCCC (low)Caa3CCC-CCCaCCCDCDD DBRS subsequent required ratings LongTerm DBRS Rating of at least "BBB".Subject to the terms of the Interest Rate Cap Agreement, the consequence of a breach is that the Interest Rate Cap Provider will be obliged (a) to post collateral and
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Related to DBRS Equivalent Chart

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date:

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Dose equivalent (HT means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Adjusted Leverage Ratio means, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Class C Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes, the Class B Notes and the Class C Notes. For the purposes of calculating the Class C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Call Equivalent Position shall have the meaning set forth in Rule 16a-1(b) under the Exchange Act.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Interest Cover Ratio means, on each Measurement Date, the ratio of (a) EBITDA to (b) Net Interest Charged in respect of the Measurement Period ending on that Measurement Date;

  • Cash Flow Leverage Ratio means as of the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • Top-Heavy Ratio means the following:

  • SPS AER Value means the Underlying Reference Value.

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Equivalent e-document means an electronic equivalent of a document, issued by the issuing authority of such document with its valid digital signature including documents issued to the digital locker account of the client as per rule 9 of the Information Technology (Preservation and Retention of Information by Intermediaries Providing Digital Locker Facilities) Rules, 2016.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.